States / New York / A 3986

A 3986 Enacted

Relates to the use of virtual credit cards by insurers and certain health care plans

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Authorizes an insurer to pay a claim for reimbursement made by a provider using a credit card, virtual credit card or electronic funds transfer payment method that imposes on the provider a free or similar charge to process the payment; defines "virtual credit card" as a single-use series of numbers linked to a fixed dollar amount and provided by an insurer to a provider for the purpose of paying a claim for health care services performed by the provider; makes related provisions.

Chamber
House
Introduced
Jan 30, 2025
Last action
Dec 19, 2025 — APPROVAL MEMO.31
Session
2025-2026
Momentum
86 · Very high